In 2024, the board of directors of Tekna Holding ASA (the "Company") resolved
and implemented an employee share option plan (the "Plan") with annual grants
for 2024 (completed), 2025 (current notification), and 2026 (projected).
The Plan is available to eligible individuals as determined by the board of
directors. The Plan enables the eligible person to acquire a proprietary
interest in the growth and performance of the Company and to enhance the ability
of the Company to attract, retain and reward qualified individuals. Options can
be granted on an annual or ad hoc basis, all subject to the board's discretion.
Upon exercising their options, option holders can choose between acquiring
shares after paying the strike price or opting for a cashless transaction. The
latter involves the transfer of a number of treasury shares equivalent to the
NOK amount of the number of exercised options, multiplied by the difference
between the Company's shares' market price and the strike price.
On 21 November 2025, the board of directors has granted a total of 3 410 000
options in the 2025 allocation round. These options have a strike price of NOK
3.25. The strike price is calculated based on the closing value of the share
over the five trading days immediately prior to the grant date, November 21,
2025. Issued options vest 33% after one year, 33% after two years, and 33% after
three years. The expiry date for any option granted is the date falling 24
months following the vesting date.
Share options were granted to the following primary insiders:
o Claude Jean (CEO): 1 000 000 options. Following the grant, he holds a total of
1 000 000 options (shareholding: 120 000 shares privately).
o Espen Schie (CFO): 200 000 options. Following the grant, he holds a total of
340 000 options (shareholding: 404 444 shares through ESC HOLDING AS).
o Arina van Oost (VP): 200 000 options. Following the grant, she holds a total
of 340 000 options (shareholding: 400 000 shares privately).
o Remy Pontone (VP): 200 000 options. Following the grant, he holds a total of
340 000 options (shareholding: 275 052 shares privately).
o Yves Lemoyne (VP): 200 000 options. Following the grant, he holds a total of
200 000 options (no shareholding).
o Romain Vert (Dir): 200 000 options. Following the grant, he holds a total of
340 000 options (no shareholding).
o Pier-Luc Crete (Dir): 200 000 options. Following the grant, he holds a total
of 340 000 options (shareholding: 52 941 shares privately).
o Yanick Fontaine (Dir) 75 000 options. Following the grant, he holds a total of
135 000 options (shareholding: 56 361 shares privately).
Please see attached primary insider notification forms in accordance with the
Market Abuse Regulation article 19.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Arina Van Oost, Investor Relations | VP Corporate Strategic Development, Tekna
Holding ASA, +33670115190, investors@tekna.com
ABOUT TEKNA HOLDING ASA
Tekna is a world-leading provider of sustainable, advanced material solutions,
headquartered in Sherbrooke, Canada. The company specializes in high-purity
metal powders used in critical applications such as additive manufacturing (3D
printing) across the aerospace, defense, medical and consumer electronics
industries. The company is positioning itself in the fast-growing market of
advanced nanomaterials for the microelectronics sector.
Tekna also develops cutting-edge induction plasma systems designed for both
industrial research and production. Its unique, IP-protected plasma technology
is powering its hypersonic wind tunnels, PlasmaSonic, which enable simulating
material exposure conditions in space.
With over 30 years of experience, Tekna is a trusted partner to a broad
portfolio of multinational blue-chip customers for its high-quality products and
innovation. Its material solutions help enhance productivity, enable more
efficient use of materials and support the transition to more resilient supply
chains and a circular economy.
https://www.tekna.com
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